Tauranga is ready for the $230m loan

Minister for Building and Construction Nick Smith announced the investment this afternoon by the Tauranga Waterfront. Photo: Sharnae Hope.

A $230 million investment from the government will help fast track much-needed infrastructure projects in Tauranga, says Bay of Plenty MP Todd Muller.

The Housing Infrastructure Fund is a $1 billion investment from central government to assist high growth councils advance infrastructure projects required to increasing housing supply.

The funding will be allocated across nine projects in five different council areas, Auckland, Hamilton, Waikato, Tauranga and Queenstown.

Todd says Tauranga is one of the fastest growing cities at the moment, which means there is high demand for housing, especially for young families.

'Our community is growing at a rapid pace which is putting enormous pressure on our housing stock. This funding will help our local council to bring forward the ability to build more homes at a faster rate to keep up with demand”

'In total we will see 35,000 homes brought forward and built providing for much of our forecast future growth as a city over the next 30 years”.

'The Government is investing heavily in the future of our community, here in Papamoa, by helping our local council get vital infrastructure in the ground to enable growth.”

In March, Tauranga City Council made an application to the HIF to fund four packages of projects that will allow both city-wide growth and to open new urban growth areas:

• New Waiari water treatment plant to supply the city ($114.6m)

• Upgrade of the Te Maunga wastewater treatment plant to increase capacity ($55.9m)

• Infrastructure for Te Tumu new urban growth area ($39.8m to $59.8m)

• Infrastructure for Tauriko West new urban growth area ($45.8m)

The Te Tumu development in Papamoa East will see 7,300 houses built in the coming years, as an increasing number of families look to call the community home.

'Papamoa is a great place to raise a family so it's easy to see the appeal. This is not just about growing a bigger community, but a better community and an important part of that is ensuring we don't lose sight of what made Papamoa great in the first place.”

'This means not only getting the pipes and roads right, but also the schools, parks and other public amenities.”

'I'm particularly pleased to see a connection to State Highway 2 and the Tauranga Eastern Link to help support and manage the growth in the area and reduce congestion.”

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10 comments

im

Posted on 11-07-2017 19:45 | By Capt_Kaveman

lost for words


Bridges!

Posted on 11-07-2017 20:45 | By pdf071

Maybe Mr Bridges and Mr Brownless could look at our bridges of congestion so the bottlenecks are opened up, Maungatapu Bridge, Hairini Bridge. Un plug the arteries! and let it flow


How can they say that:-

Posted on 11-07-2017 22:51 | By astex

"Tauranga is ready for the $230m loan"? Even if this loan is interest free we, the ratepayers, will have to pay for it. We are NOT ready for this. The problem has been caused by the government with careless immigration numbers and they now act as though they are doing us all a huge favour by letting US pay for THEIR mismanagement. Get ready everyone because if you think our rates are high now you are in for a big surprise.


The Loan

Posted on 12-07-2017 07:42 | By surfsup

If Tauranga adopt the same policy as Hamilton then none of the new houses will help those 1st home buyers trying to get a foot on the ladder. The same old building companies will snap up the sections as soon as they become available and then the whole cycle starts again. Totally agree with astex, sort out the traffic problems we have at the moment.


Hardly...

Posted on 12-07-2017 08:54 | By penguin

...an America's Cup crowd hearing the news. Could this be a portent of the future?


The Spin Continues

Posted on 12-07-2017 11:38 | By The author of this comment has been removed.

Let us remember that your rates have a GST content of 15%, going back to government. So, we are getting some of our money back to build houses. The council are somehow making this into a positive thing for us? We are paying twice - once in normal taxes, plus again in rates.


Won't last long ..

Posted on 12-07-2017 14:16 | By Linaire

One good Tsunami/Tidal Wave and all the money thrown at Papamoa/Te Tumu will be [literally] washed away and out to sea!


NOT AGAIN By Beachbum

Posted on 12-07-2017 15:40 | By mike harman

This council has lost the plot good and proper. they were elected to reduce debt! thats a big joke watch our rates go up to pay for this. if they stopped expanding at such a ridiculas rate then we could probably be able to afford the infostructure.Then they go onto to say remember the reason we came to Papamoa it certainly wasnt for what it is now.


Linaire

Posted on 12-07-2017 17:44 | By Anbob

Dont let facts get in the way! There have been extensive Tsunami surveys completed on Papamoa, all readily available. Natural disasters can strike anywhere. If you are against something, do your research and state the real reasons why. From what I read most of the money is going to upgrade/replace water and sewage plants, infrastructure which should have been maintained, planned, and allowed for by council over the years. For example, the Waiari water scheme has been on the council plans for 25 years or more. Yet they spend rates money on tidal steps, art galleries, museums, new offices etc. All nice to have when you can afford them. Lack of prioritization/management, I reckon. If TCC are going to borrow the money anyway, it might as well be interest free! Anything to improve the traffic congestion at Papamoa East is a good thing!


Do they think we are stupid?

Posted on 13-07-2017 15:54 | By Really

If is fairly obvious this along with the Special Housing Area is not about providing affordable housing - it is about pushing all the development costs onto existing ratepayers so the developers can make a bigger margin. As usual the ratepayers will foot the bill.


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